Kay Brekken Purchases 5,600 Shares of Real Matters Inc. (TSE:REAL) Stock

Real Matters Inc. (TSE:REAL) Director Kay Brekken purchased 5,600 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average price of C$8.97 per share, for a total transaction of C$50,239.84.

Real Matters Stock Performance

Shares of Real Matters stock opened at C$9.15 on Friday. The stock has a market cap of C$671.88 million, a price-to-earnings ratio of 228.75, a PEG ratio of -59.18 and a beta of 0.83. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. Real Matters Inc. has a 1 year low of C$4.43 and a 1 year high of C$9.46. The firm’s 50-day moving average is C$7.59 and its 200 day moving average is C$6.48.

Analysts Set New Price Targets

Several equities analysts have commented on REAL shares. Cormark raised their price objective on Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. National Bankshares cut shares of Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 price target for the company. in a research report on Friday, August 2nd. ATB Capital boosted their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. TD Securities raised their target price on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. Finally, BMO Capital Markets boosted their price target on Real Matters from C$6.50 to C$7.50 and gave the stock a “market perform” rating in a research report on Friday, August 2nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$8.96.

About Real Matters

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.